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Nov 17, 2009 5:00am EST
and in the united states is slipping. as of september, gm was holding a cash position of almost 43 billion dollars. new rules designed to help shoppers could hit a big profit generator for retailers. the federal reserve board has proposed rules that would prohibit charges for dormancy, inactivity and service fees on gift cards unless the card has been inactive for a year, no more than one fee is charged each month and the consumer is given clear disclosures on the fees. in addition, expiration datemust bfive years after issuance. but for those buying up gift cards to finish off their holiday list this year, you still need to keep an eye out for all those fees, as the fed's provisions are not slated to take effect until august of next year. more than 15 million americans could end up owing more in taxes when they file federal income taxes next year... thanks to anirs stake. the treasury department says it gave out too much money under the making work pay tax credit... and you'll have to give part of it back... if you have more than one job, are married and both spouses work - or received social
Nov 12, 2009 5:00am EST
1 virus... each year, the seasonal flu kills 36,000 people in the united states - hospitalizes more than 200-thousand people... and costs the u-s economy more than 10 billion dollars in lost productivity and direct medical expenses.. experts say if h1n1 becomes more deadly.. there's a potential to see a lot more damage to the us economy. if h1n1 spreads the effect could be greater than we think.. as of august, all 50 states and 2 territories were affected and it could be a rough ride and all businesses need to be prepared. here's what experts say companies should be doing to prepare for the possible worsening of the effects of h1n1 update sick leave policies.. and temporarily forego requiring doctors notes if employees are sick. improve air circulation inside work environments... and have an emergency communications plan in place. still to come the verdict is in on the first major criminal case of the financial crisis... we talk about the impact it could have on any future cases... plus... are small business getting a chance to grow... a look at the lending environment coming up so,
Nov 5, 2009 5:00am EST
.. cit is the fifth largest bankruptcy in the united states.. and taxpayers have lost the 2 billion dollar loan cit received earlier this year. a judge will consider cit's pre-packaged bankruptcy on december 8th. its not just the pending bankruptcy of c-i-t that's making it tough for small businesses looking for startup capital, tighter lending standards across the board are coming in to play. according paynet's small business lending index, the overall volume of financing fell 22 percent year over year in september. this while accounts in default by 180 days or more climbed slightly from august to september. as a result, some entrepreneurs are shaking down the family tree for financing. "a couple years ago, banks were giving loans out easily. now banks are not giving loans out easily." mark goodman runs entrepreneur workshops for score, a national non-profit dedicated to small business development. mark campbell is a score client looking to get a business focused on photorgaphy, video and web design off the ground. 'the major cost for me essentially is equipment. just getting
Nov 19, 2009 5:00am EST
to the extent that the large accounts have been able to. still comes back to united states economy it comes back to 96 market shows really right now the state is overseas relative to the united states. are you of the opinion that the russell 2010 get above the 620 marks and make a new high along with the rest of the market in the kind of be depressing for the overall stock market perhaps bring major averages down? i would like to see if the russell could come from this most recent run-up that we saw in the dow and s&p 500 index where they're going to new highs but rose to just hasn't been able to get. a little bit nearer so we see a little bit of divergence here i like to see confirmation from the broad market that would confirm that this market may be continue to push higher but with russell trading sidewise is gonna be difficult for as people pushed much higher. how long are you giving the rest of 2000 to catch up? it is going to happen probably not putting on either side because i think was what happened is that the s&p 501 to run into a major resistance at either the 21 which is a the all th
Nov 3, 2009 5:00am EST
... in the united states. i think it's a good way for drug stores.. to make money... but don't think it's going to help..we should just take care of ourselves." someone's making money off of fear it's costing a lot of money.. and 99% of people will survive no problem. these over the couter drugs carry lower margins.. than branded drugs.. and the uptick in sales will be helpful for pharmacuetical companies .... but it's *not likely to have a according to one morningstar analyst. still to come is the grass always greener? how salaries and jobwth your field stack up with pay in other sectors of the economy. the recession may be officially over, but the job market likely continued to lose work. the october jobs reports are due out friday and the unemployment rate could hit double digits. but there are fields hiring and with increasing salaries. steve kass is with jobs firm robert half international. nice to see you steve. let's talk about a year as we look into 2010 you have seen some stability moving into the market generally speaking. so salary all looked at i think we found those things are
Nov 10, 2009 5:00am EST
care reform efforts now put the spotlight on the united states senate after the house of representatives passed its own version of health care reform over the weekend, however the senate version appears to be stalled for now, at least. and there are some important new trends that could really change the way companies and employees pay for health care. tom lerche with aon consulting is here to talk about these new trends. welcome, tom. >> thank you. >> focus is starting to turn towards wellness programs and i want to talk about a recent study. 56% of employers surveyed are expect to introduce or expand a wellness program next year. 34% planning to introduce or increase financial incentives so how are we defining wellness programs in this case? >> wellness programs have to do with health risk factors like smoking, obesity, lack of energy and stress. mothers realize that 60 to 70% of the cost of care is related to chronic diseases in these chronic diseases, many have a behavioral component so if we can't persuade the mow to change behavior, they will be better off and the
Nov 11, 2009 5:00am EST
to across the united that's next. heartland >> next year colorado will become the first state to lower its minimum wage. right now it stands at $7.23 an hour and it's set to be reduced by 3 cents an hour to 7.25, matching the federal minimum wage. it was an act approved by voters in which colorado's minimum wage would be tied to inflation and since the cosof&living is going down due to the recession, the minimum wages set to drop as well in coloro. this issue has been sparking a lot of debate and here joining us now to talk about it is brian costin with the heartland institute and bob bruno with the university of illinois at chicago. so let's talk about the policy figures here. they say it's going to affect 50,000 to 70,000 people who work in colorado and that get minimum wage. so the small percentage of the work force, but is there a bigger message that this sends in bob, let's start with you. >> symbolically, i think particularly during this economy it's a terrible message to send. when these minimum wage laws were passed and tied to inflation nobody ever mandle that anyone
Search Results 0 to 6 of about 7